<heading id="h1" level="1" implicit="yes" format="display">Abstract</heading> We show in this paper that increasing the transparency of the trading environment can be an important complement to traditional liberalisation of tariff and non-tariff barriers. Our definition of transparency is grounded in a transaction cost analysis. We focus on two dimensions of...

type="main" xml:id="twec12178-abs-0001" <title type="main">Abstract</title> <p>We analyse the relationship between regional trade integration and trade costs in services. The analysis relies on theory-consistent bilateral trade costs for 55 countries for 1999–2009 and an analysis of services commitments in 66 regional...</p>